Net2Phone (NASDAQ:NTOP)
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From Jun 2019 to Jun 2024
Cable & Wireless of Cayman has announced today its new
residential broadband telephony Voice over IP (VoIP) service, branded
as "NetSpeak," to its customers across all three of the Cayman
Islands. Cable & Wireless' NetSpeak introduces unlimited calling for
Cayman residents from the leading telecommunications operator in the
Cayman Islands with a history of telephone service innovation.
NetSpeak is the second VoIP-based product that Cable and Wireless
(Cayman Islands) Ltd. has launched in conjunction with Net2Phone
(Nasdaq: NTOP), whose fully-managed, hosted platform enables
value-added retail products with low-cost options for local and long
distance calling.
"As the leading communications provider in the Cayman Islands,
Cable & Wireless is excited to break ground with our offering of high
quality broadband telephony service throughout the country," said
Timothy Adam, Chief Executive of Cable & Wireless Cayman Islands.
"With the launch of NetSpeak, our customers can now access a low cost,
high-quality phone service with the versatile features and
functionality that VoIP offers."
"At Net2Phone we are increasingly seeing local operators use VoIP
to grow revenue and offer new services," said Jonathan Reich, Chief
Executive Officer of Net2Phone Global Services. "Cable & Wireless'
rollout of digital telephony with Net2Phone showcases our value as a
provider who can accelerate operators' time to market with robust
solutions."
NetSpeak service includes pricing plans of unlimited calling to
US, Canada, and Western Europe fixed lines. Friends and Family of
NetSpeak customers can conveniently call using a variety of local and
international phone numbers available in Cayman Islands, the US, UK,
and Canada. The basic plan also includes many value added features,
such as call waiting, caller ID, call forwarding, and voicemail with
new web-based account/feature management tools at no additional
charge.
About Net2Phone
Net2Phone provides VoIP PacketCable, SIP and wireless solutions
around the world. As a leader in turn-key hosted VoIP telephony
services, Net2Phone has routed billions of VoIP minutes globally,
servicing more than 100,000 users in the US as well as hundreds of
thousands of more overseas. Net2Phone provides partners with a
SIP-based broadband telephony solution, calling cards, prefix dialing
and enterprise services in over 100 countries. Net2Phone's PacketCable
platform provides cable operators with the ability to deliver a high
quality primary line-type service with features such as emergency
calling. For more information about Net2Phone's products and services,
please visit www.net2phone.com.
About Cable & Wireless of Cayman
Globally, C&W is the third largest carrier of international
traffic bringing integrated communications to over 17 million
customers.
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. These
forward- looking statements involve risks and uncertainties and actual
results could differ materially from those discussed in the
forward-looking statements. For this purpose, any statements contained
in this press release that are not statements of historical fact may
be deemed to be forward-looking statements. Factors which may affect
the Company's results include, but are not limited to, the Company's
ability to satisfy in a timely manner the requirements of Section 404
of the Sarbanes-Oxley Act and the rules and regulations adopted
pursuant thereto, the Company's ability to expand its customer base,
the Company's ability to develop additional and leverage its existing
distribution channels for its products and solutions, dependence on
strategic and channel partners including their ability to distribute
the Company's products and meet or renew their financial commitments,
the Company's ability to address international markets, the
effectiveness of the Company's sales and marketing activities, the
acceptance of the Company's products in the marketplace, the timing
and scope of deployments of the Company's products by customers,
fluctuations in customer sales cycles, customers' ability to obtain
additional funding, technical difficulties with respect to the
Company's products or products in development, the need for ongoing
product development in an environment of rapid technological change,
the emergence of new competitors in the marketplace, the Company's
ability to compete successfully against established competitors with
greater resources, the uncertainty of future governmental regulation,
the Company's ability to manage growth, obtain patent protection, and
obtain additional funds, general economic conditions and other risks
discussed in this Press Release and in the Company's filings with the
Securities and Exchange Commission. All forward-looking statements and
risk factors included in this document are made as of the date hereof,
based on information available to the Company as of the date thereof,
and the Company assumes no obligation to update any forward-looking
statement or risk factors.